Approved budget, FY2011

REVENUES FY 2008 Actual FY 2010 Estimated FY 2011 Proposed

Building Permits

$125,165

$95,000

$120,000

Sign Permits

$0

$0

$0

Planning & Zoning Fees

$0

$6,000

$25,000

Telecommunications Fee

$0

$425

$450

Charges for Services

$0

$500

$500

TVA In Lieu

$45,321

$51,500

$52,500

State Sales Tax

$312,912

$305,000

$311,000

Local Sales Tax

$29,253

$28,500

$30,600

State Income Tax

$696,375

$525,000

$485,000

Metro Road Funds

$0

$0

$0

State Beer Tax

$2,465

$2,325

$2,550

State Street Income

$133,630

$135,000

$140,000

Interest

$344,024

$335,000

$310,000

Miscellaneous

$1,902

$106,000

$2,500

TOTAL

$1,691,047

$1,590,250

$1,480,100
EXPENDITURES FY 2009 Actual FY 2010 Estimated FY 2011 Proposed

Employee Salaries

$188,663

$248,500

$253,000

Employee Benefits

$83,922

$23,500

$30,750

Board Salaries

$16,200

$16,200

$16,200

Professional Services Salaries

$0

$38,000

$42,000

Retirement

$0

$37,000

$37,500

Other Professional Services

$48,040

$38,500

$31,000

Public Relations

$45,782

$43,000

$47,000

Office Supplies

$17,459

$18,500

$16,500

Rent

$31,924

$22,500

$34,000

Employee Health Insurance

$0

$36,000

$45,000

Liability Insurance

$22,589

$21,750

$23,500

Worker's Comp Insurance

$0

$5,915

$6,200

Property Insurance

$0

$200

$225

Surety Bonds

$0

$707

$1,000

Election

$0

$10,000

$0

Misc.

$23,935

$105,500

$1,000

Repair & Maintenance

$0

$4,500

$4,500

Dues & Subscriptions

$0

$5,500

$5,000

Training

$0

$2,000

$2,250

Travel

$0

$3,800

$4,250

Auto Allowance

$1,788

$2,000

$4,500

Legal Notices

$0

$2,500

$2,500

Police Patrols

$4,500

$49,000

$50,000

Utilities

$0

$10,500

$11,500

Special Projects From Reserves

$0

$600,000

$375,000

Operating Expenses

$484,802

$1,345,572

$1,044,375

Capital Outlay

$0

$12,000

$0

Street Supplies

$90,484

$5,500

$6,000

ROW Mowing

$0

$44,000

$40,000

Street Lighting

$32,685

$33,000

$36,000

PW Emergency

$0

$13,000

$13,500

Chipper Contracting

$160,605

$167,500

$169,500

Street Repair & Maintenance

$184,718

$50,000

$125,000

Snow/Salt Contracting

$23,691

$121,550

$35,000

Professional Services

$41,496

$59,500

$59,000

Operating Expenses

$533,679

$494,050

$484,000

Capital Outlay

$0

$25,000

$0

Opt. Trn. Sanitation Fund

$289,992

$289,992

$304,500

Total Operating Expenses

$1,308,473

$2,129,614

$1,832,875

Total Capital Outlays

$0

$37,000

$0

GRAND TOTAL

$1,308,473

$2,166,614

$1,832,875

Total Employees

4

4

4

FUND BALANCE

FY 2009 Actual

FY 2010 Estimated

FY 2011 Proposed

Beginning Fund Balance

$7,614,881

$7,997,455

$7,421,091

Revenues

$1,691,047

$1,590,250

$1,480,100

Expenditures

($1,018,481)

($1,876,622)

($1,528,375)

Other

($289,992)

($289,992)

($304,500)

Ending Fund Balance

$7,997,455

$7,421,091

$7,068,316